Category Archives: Uncategorized

New government rules will now allow people with small pensions (under £30,000) to transfer their money to other schemes, without paying fees. Previously, they would have to pay advice fees, which could sometimes be over £1,000. This will apply to … Continue reading →

If you are releasing money from your pension, under the Pensions Freedoms provisions, how do you make sure, within current regulations, that the taxman doesn’t take a huge chunk? That was the question a reader of iNews put to their … Continue reading →

More news on the issue of potentially dangerous levels of sub-prime car loans in today’s Daily Mail. Their investigation found unscrupulous car salesmen are offering cars worth up to £20,000 with no deposit but monthly payments of hundreds of pounds … Continue reading →

The Bank Of England has warned about the danger to the economy of too many “bad loans”. They have forced banks to put an additional £11.4 billion into reserves to counter the risks and try to avoid another financial crisis … Continue reading →

Should you join the 200,000+ people who are planning to cash in their pension this year? In their case, it is “final salary” pensions that savers are thinking of “cashing in” by transferring them to other types of pension. Many … Continue reading →

We’ve mentioned before that some people look to pension loans because they want to help out their children who are facing potentially crippling debt from student loans. With inflation rising recently, interest on student loans is reaching its highest ever … Continue reading →

Should you release the tax free 25% lump sum that is available from your pension when you first retire? Many people use that cash to pay off debts, make an investment, or help their family. For example some people use … Continue reading →

In the iNews Money section today, a reader is asking for expert advice on cashing in her pension. She has two pensions and wants to be able to get all of her smaller  pension pot, but not pay any tax … Continue reading →

Around a million people who plan to retire early could get a £237 per year boost to their state pension. And that bonus will be increased every year, in line with inflation. And the cost is only £741 this year … Continue reading →

The level of total student loan debt in the UK has risen to over £100 billion recently. The outstanding debt has soared up by 16.6% by the end of March 2017, as shown in figures released by the Student Loans … Continue reading →